Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Libloather
This is now the city of big debt, where each of Chicago's 2.7 million residents — from infants in diapers to senior citizens on fixed incomes — is on the hook for about $20,000 in long-term pension promises and bond obligations.

And the sad reality for those infants in diapers, by the time they find out about their share of the debt, it will probably be twice as much.

9 posted on 02/16/2014 8:01:40 AM PST by fhayek
[ Post Reply | Private Reply | To 1 | View Replies ]


To: fhayek

For this and other reasons, the productive decent people of Chicago should move outside the city limits of Chicago. Ditto for many other major cities, which are going to confront these problems in the future.

Move and dispose of all property you own in such cities, so you won’t be taxed to pay for all these mistakes.


11 posted on 02/16/2014 8:27:53 AM PST by Dilbert San Diego (we')
[ Post Reply | Private Reply | To 9 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson